Prairie Creek Shoppes

Prairie Creek Shoppes, located at the intersection of Highway P and Highway Z in Oconomowoc, Wisconsin, is a 102,000 SF, multi-tenant, neighborhood retail development property. Opened in October 2004, this property brings a much-needed retail presence to the northern side of Oconomowoc and the expanding residential community in the surrounding Lake Country area.

The retail development is anchored by a 50,000 square foot Piggly Wiggly grocery store. Other tenants at Prairie Creek Shoppes currently include a Cost Cutters hair salon, a One Hour Martinizing drycleaners, a Chinese restaurant, a nail salon and a specialty gift store. Occasionally, retail spaces for lease become available.

A big part of our mission is building communities, with communities through an interrelated approach that enriches the quality of life and creates pride in the local communities. This vision led us to the development of the adjacent multi- family housing, The Preserve at Prairie Creek.

In conjunction with this retail development, and on the same property, the ownership group created a large wetland in place of an existing smaller wetland. As an advocate for sustainability and green building, we were extremely thrilled to be in on this project as the creation of this wetland was the first such project of this type to emerge from a newly enacted Wisconsin State Law regarding wetland development.

The new law provides for replacing every acre of wetlands that is “filled” with 1.5 acres of new wetlands. This development project created new wetlands and restored a previously impacted wetland in conjunction with protecting an existing trout stream on the property, significantly enhancing the natural habitat on the site.

LOCATION

1300 Brown St Oconomowoc, WI 53066

INFORMATION

• SIZE: 102,000 SF
• TYPE: Multi-Tenant Retail
• COMPLETED: 2005
• TOTAL DEVELOPMENT COST: $7M